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Stock Trend Analysis Report
Prepared for you on Sunday, May 11, 2025.
Melcor Developments Ltd (TSE:MRD)
Bull Market Weakness (+75) - MRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MRD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRD
The long-term trend has been DOWN since Jan 2nd, 2025 at 12.22
The intermediate-term trend has been UP since Apr 28th, 2025 at 11.93
The short-term trend has been UP since May 6th, 2025 at 12.25
Smart Scan Analysis for MRD
Based on our trend formula, MRD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.35 | 12.50 | 12.14 | 12.50 | +0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.50 | 6593 | 2025-05-09 15:47:32 |
| Year High | 15.95 | Year High Date | 2018-05-18 |
| Year Low | 12.61 | Year Low Date | 2018-11-29 |
| 52wk High | 15.95 | 52wk High Date | 2018-05-18 |
| 52wk Low | 12.61 | 52wk Low Date | 2018-11-29 |
| Year End Close | 15.75 | Average Volume | 6,493 |
| Volatility | 25.88 |